Odyssey and UK Government agree deal

The Gairsoppa was torpedoed 300 miles off Galway, Ireland in 1941 while carrying silver worth an estimated £70 million today. 

Odyssey has been contracted to carry out the work, in 2000m of water, by the British Government, with which it has been involved over the wrecks of HMS Sussex off Gibraltar and HMS Victory in the English Channel.

The Gairsoppa's crew of 32 successfully abandoned into liferafts but later perished, bar one who drifted for 13 days before landing at the Lizard in Cornwall.